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Daily Digest

Government, banks to decide UPI subsidy amount

Published Friday, September 25, 2026

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Narrative Spectrum

Convergent Narrative · 0
  • Single-Source Coverage — 1 source

What We Know — Key Points

  • The government has budgeted ₹2,000 crore for the ongoing financial year under its incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions.

What Is Claimed — Perspectives

Single-Source Coverage
  • The Hindu

    The article emphasizes the Indian government's efforts to manage the transition to MDR on UPI, focusing on discussions with banks and traders to ensure smooth implementation and prevent merchants from passing costs to customers, while also addressing concerns from petroleum dealers.

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